Endowment

The Legacy of The Lensic

The Endowment Fund: Building the Future of The Lensic

You and your family can support The Lensic's endowment while receiving financial and philanthropic benefits. Ways of giving include:

• Cash: the least complicated and most highly deductible gift

• Stocks, bonds, or other securities: your gift of appreciated securities benefits you in two ways: 1) you receive an income tax deduction for the full amount; 2) you receive forgiveness of capital gains tax on the appreciation

• Charitable trusts and foundations: these tools of estate planning can be effective in reducing estate, capital gains, gift and income tax liabilities, while helping The Lensic

Additional Opportunities:

• IRAs: you can name The Lensic as your beneficiary for all or a portion of your IRA or donate your required minimum distribution

• Annuities: you can name The Lensic as your beneficiary for all or a portion of your annuity

• Life Insurance: donate paid-up policies outright or, if you are over age 70, you can sell your unwanted policies and gift the cash you receive

• Collections (art, coins, jewelry, etc.): collections can be appropriate and you could possibly receive an immediate income tax deduction, forgiveness of tax on capital gains, and a deduction for estate and gift tax.

Please consult with your tax and legal advisors for your specific tax and legal benefits.

If you are interested in donating to The Lensic Endowment Fund, please contact Kierstan Pickens, Development Manager, at 505.988.7050 ext. 203 or kpickens@lensic.org.